Bitpoint Finds $2.3 Million in Stolen Cryptos
Main page News, Cryptocurrency Exchanges, Hacker Attack

Japanese crypto exchange Bitpoint, which last week caught the attention of the whole community after suffering a hack attack that resulted in the loss of 32 million dollars in digital assets, has just announced it has managed to recover 250 million yen (about 2.3 million dollars), local publication The Mainichi reported yesterday.

According to the publication, the trading platform has found the stolen tokens in several foreign exchanges that use a trading system provided by Bitpoint Japan. Now, the amount of stolen funds has been reduced to 28 million dollars.

The platform was hacked last July 12. At that time, it was reported that the attackers had managed to access the exchange's hot wallets and steal $23 million belonging to customers and $9.2 million belonging to the platform. It seems the hackers failed to gain access to the exchange's cold wallets, where it stores the rest of the funds.

The exchange ceased all its operations right after the attack was discovered. As a result, the shares of Remixpoint Inc., the platform's parent company, lost 19% of their value.

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